Bandhan Bank Limited - Q4FY24 Business Update

Bandhan Bank Limited has announced the information with respect to the Bank's Deposits, Advances and others for the quarter/year ended March 31, 2024:



*Loans & Advances as on December 31, 2023 is after reducing NPA portfolio sale to ARC amounting to ₹ 720 crore.

**Loans & Advances includes short-term loans against Fixed Deposit amounting to ₹ 2,151 crore. Adjusting for the same, the year-on-year loans and advances growth will be 20.2%.

LCR as on March 31, 2024 stands at ~ 172%

Collection efficiency

Pan Bank Collection Efficiency (Excluding NPA)



Please note that the numbers mentioned above, as on March 31, 2024, are provisional unaudited numbers and are subject to review / examine by the Audit Committee and Board of Directors and are subject to audit by the Statutory Auditors of the Bank.

Shares of Bandhan Bank Limited was last trading in BSE at Rs. 197.40 as compared to the previous close of Rs. 198.10. The total number of shares traded during the day was 2171136 in over 18718 trades.

The stock hit an intraday high of Rs. 203.55 and intraday low of 196.50. The net turnover during the day was Rs. 431829607.00.

Source : Equity Bulls

Keywords

BandhanBank INE545U01014 Q4 FY2024 BusinessUpdate Deposits Advances